I Just Got a Letter from the IRS. What Should I Do?

Nobody ever wants to hear from the IRS. Unfortunately, for many, the time will come when they receive a letter from the IRS. In some cases, they’re simply alerting you to a mistake you have to sort out. In other cases, it may indicate certain issues with your financial situation. Please continue reading and reach out to Werdann DeVito LLC today to learn more about what do if you got a letter from the IRS and how our CPA Services can help you.

What Should I Do if I Receive a Letter in the Mail from the IRS?

If you get a letter in the mail from the IRS, you should first keep calm. As previously stated, often, these letters do not mean you are in trouble. Though you shouldn’t panic, you also shouldn’t delay opening them and following the instructions within. Often, letters from the IRS indicate that there is something that needs to be done within a certain period of time. For example, it’s not unheard of for people to receive a letter from the IRS instructing them to reply with a payment. If you miss this payment, you may find yourself in hot water.

You should also note that if you receive a letter in the mail from the IRS which contains incorrect information, you should take action to remedy the issue at once. You can dispute the letter, provide documentation to prove your case, and from there, the IRS should contact you within 30 days.

As a side note, it’s important to understand that the IRS will never text or call you. If you receive a threatening notice from the “IRS” over the phone, online, or under any other circumstance than by mail, it’s most likely a scam and you have nothing to worry about.

If you would like to learn more about what you should do after receiving a letter from the Internal Revenue Service or have any other tax-related questions, simply pick up the phone and give us a call today. We are dedicated to securing your financial future.

Contact our experienced New Jersey firm

Werdann DeVito LLC is an experienced Certified Public Accountant firm serving clients throughout New Jersey with all of their financial needs. If you need quality assistance with accounting, tax, or consulting services, contact Werdann DeVito LLC today.